Amada Co., Ltd. (OTCMKTS:AMDWF) Short Interest Update

Amada Co., Ltd. (OTCMKTS:AMDWF – Get Rating) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 89,800 shares, an increase of 87.5% from the March 15th total of 47,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 898.0 days.

OTCMKTS AMDWF opened at $9.06 on Friday. The stock’s fifty day moving average price is $9.13 and its 200 day moving average price is $9.97. Amada has a 1 year low of $9.06 and a 1 year high of $10.94.

Amada Company Profile (Get Rating)

Amada Co, Ltd., together with its subsidiaries, manufactures, sells, leases, repairs, maintains, checks, and inspects metalworking machinery and equipment in Japan, North America, Europe, China, Asia, and internationally. The company offers sheet metal fabrication machines, including laser machines, punch and laser combination machines, turret punch presses, press brakes, and welders, as well as software solutions; general fabrication machines, such as shearing and deburring machines, corner shear, iron worker, AMS series, horizontal benders, tapping and fastener insertion machines, and environment related products; cutting fluids, lubricants, and other consumables; and range of tools for bending and punching.

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